Risk Tolerance and Demographic Characteristics: Preliminary Irish Evidence
28 Pages Posted: 7 Dec 2011 Last revised: 13 Sep 2012
Date Written: September 13, 2012
We examine by means of a survey of Irish adults the extent of financial risk tolerance in Irish adults. We administer the Grable & Lytton 13 item risk tolerance instrument, and find a number of stylized facts on age, gender and education levels and their impact on risk tolerance. This is to our knowledge the first comprehensive survey of Irish adults on their risk tolerance.
Keywords: Risk, survey, financial risk, Ireland
JEL Classification: C83, D14, D81, G02
Suggested Citation: Suggested Citation